Imbiba-backed Wright & Bell acquires Whyte & Brown Whyte & Brown's operations will now be overseen by Sarah Clark and Alison Wong, Wright & Bell's managing and finance directors respectively. The company confirmed that there are no plans to roll-out Whyte & Brown presently. Read more.
Avedon Capital Partners exits Dutch gym operator to Bencis The company is a combination of two gym companies that Avedon brought together in 2009, Fit for Free and SportCity. During Avedon's hold revenues doubled and the company grew its estate from 42 gyms to more than 100. Read more.
Macy’s sees strong growth across all three divisions in its latest quarterly results Net income reached $166m in Q2, up from $111m in the same period last year while net sales hit $5.57bn. On the back of the results, the department store has raised its full-year guidance, forecasting earnings per diluted share of between $3.95 and $4.15. Read more.